{"id":45703,"date":"2025-04-10T12:50:01","date_gmt":"2025-04-10T12:50:01","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=45703"},"modified":"2025-04-10T12:54:39","modified_gmt":"2025-04-10T12:54:39","slug":"bitcoin-may-shoot-up-if-powell-backs-down","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-may-shoot-up-if-powell-backs-down\/","title":{"rendered":"Bitcoin may shoot up if Powell backs down"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Tensions between the United States and China, the threat of a recession, and pending action by the U.S. Federal Reserve are all factors creating uncertainty in financial markets.<\/strong> <strong>Bitcoin, which tends to be seen as a digital safe haven, may benefit from a weakening dollar and investor concerns in this situation.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Cla has triggered an avalanche<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The imposition of 104% tariffs on Chinese goods since April 9 has cooled investor hopes for a diplomatic solution to the tensions between the US and China. <strong>Markets reacted with a plunge &#8211; the S&amp;P 500 index posted a 1.6% loss, reversing earlier gains<\/strong>. The uncertainty spilled over into the crypto markets, where bitcoin fell to the USD 75,000 level &#8211; the lowest in more than five months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump&#8217;s words about a possible resumption of trade terms, while indicating a willingness to negotiate, also acknowledged the possibility of permanent tariffs. In the meantime, IPOs, mergers and bond transactions have been suspended, crippling trading activity. This has left investors wondering whether <a href=\"https:\/\/crypto-globe.com\/en\/bitcoin-fell-below-75-000-usd\/\" target=\"_blank\" rel=\"noopener\" title=\"\">bitcoin<\/a> will find bullish momentum again despite the macroeconomic hurdles.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Interest rates, inflation and digital gold<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Expectations for interest rate cuts remain ambiguous. Donald Trump would like to see <a href=\"https:\/\/www.federalreserve.gov\/\">Fed<\/a> chief Jerome Powell ease monetary policy, but Morgan Stanley predicts steady rates until March 2026 &#8211; except if a recession occurs. That could bring faster and more significant policy easing, which could benefit <a href=\"https:\/\/crypto-globe.com\/en\/bitget-introduces-bitget-onchain-a-revolutionary-combination-of-cex-and-dex-for-cryptocurrency-trading\/\" target=\"_blank\" rel=\"noopener\" title=\"\">cryptocurrencies<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rising Treasury yields and the cost of servicing the federal debt are adding to fiscal strain in the <a href=\"https:\/\/trader-magazine.com\/news\/us-stocks-strengthen-after-unemployment-report-dollar-index-rises\/\" target=\"_blank\" rel=\"noopener\" title=\"\">US<\/a>. A weaker dollar may lead investors to shift capital into scarce assets such as bitcoin. BlackRock CEO Larry Fink warns that the U.S. government has limited options to avoid a recession without risking inflation &#8211; and that&#8217;s what could trigger new growth in crypto markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tensions between the United States and China, the threat of a recession, and pending action by the U.S. Federal Reserve are all factors creating uncertainty in financial markets. Bitcoin, which tends to be seen as a digital safe haven, may benefit from a weakening dollar and investor concerns in this situation. Cla has triggered an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":45696,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99,235],"class_list":["post-45703","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en","tag-usa-2"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"Bitcoin may rise if Powell backs down #separator_sa #site_title","meta_description":"Tensions between USA and China, the threat of recession and the expected actions of the Fed - all these factors are creating uncertainty in the markets.","focus_keyword":""},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/comments?post=45703"}],"version-history":[{"count":1,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45703\/revisions"}],"predecessor-version":[{"id":45704,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45703\/revisions\/45704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media\/45696"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media?parent=45703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/categories?post=45703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/tags?post=45703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}